Your company manufactures garage doors. The standard quantity of direct labor to manufacture a door...
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Accounting
Your company manufactures garage doors. The standard quantity of direct labor to manufacture a door is 9 hours. The standard hourly wage is $25 per hour. The number of doors produced was 18,000. The payroll records indicate that 90,000 hours were worked at a total payroll cost of $1,200,000.
Required: Calculate the following:
1) Labor Rate Variance
2) Labor Efficiency Variance
3) Net Labor Variance
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